Provisional Buying Power (also known as provisional cash or instant buying power) is a portion of the cash you have deposited via EFT that is instantly available for you to trade Stocks and ETFs.
With this provisional buying power, you can start trading right away instead of waiting the 7-8 business days it typically takes for your deposit to settle.
Depending on your deposit currency, you may be eligible for up to CAD/USD $2,000 in provisional cash.
Please note that provisional cash cannot be used to place Option trades, and you may not be eligible if you have a history of failed deposits.